With an expected population of nearly 6.5 million, the city is already home to more than 2,000 hotels and condos and about 4,600 residential units.
But, for now, the most popular housing is in the Downtown area, a few blocks from the World Trade Center.
I had to stop and take in some of the sights.
A few blocks away, I caught a glimpse of the new headquarters of the company behind the new skyscraper that is expected to be completed in the next couple of months, The Westin.
It is called the Grand Hyatt, a hotel with a retractable roof that could house up to 200 guests.
It will open in 2019, at a cost of $1.5 billion.
The building, which is expected by 2020, is a work in progress.
There are more than 1,200 residential units and 3,500 hotel rooms in the building, with a planned footprint of 6 million square feet.
If the tower is completed, it will be the largest building in New York City.
The tallest building in the city to date is the Empire State Building, with 7,000 square feet of space.
The grand Hyatt hotel will also house an art gallery, restaurants, an athletic stadium and the Museum of Contemporary Art.
There are also plans to create a new pedestrian bridge from the Grand Central Terminal to the Grand Hotel on West 46th Street, and the Grand Avenue Hotel to the South Ferry in Brooklyn.
“The grand hotel is a new destination for New Yorkers, and we want it to be as inviting as possible,” the company said in a statement.
“We’re bringing a new urban hub to Manhattan, bringing a great sense of place to our visitors and offering the best in modern luxury and modern design.
It’s a fantastic idea.”
The tower is scheduled to open in 2020 and will cost $1 billion.
It is expected that the hotel will house more than 6,000 people, according to The Wall Street Journal.